Indian Economy News

In the last 8 years, maritime sector has scaled new heights: PM Modi

  • IBEF
  • April 6, 2022

On the occasion of National Marine Day on April 5, Prime Minister Mr. Narendra Modi remarked that India's maritime sector has reached new heights and contributed to the growth of commerce and commercial operations.

National Marine Day commemorates the importance of maritime trade in the development of the Indian economy, as well as the significance of India and its strategic location in world trade.

The Indian government has spent the previous eight years focusing on port-led development, which involves increasing port capacity and making existing infrastructure more efficient. Multiple waterways are being used to ensure that Indian products reach new markets.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.